WAAG INTERNATIONAL, one of Fortune 500 enterprises, recently announced in Shanghai it had accumulatively invested USD 96m in Dalian to set up its global largest production base, whose core products are cast-aluminum brake calipers, cast iron calipers, Banksia parking brakes, brake discs and brake master cylinders.

According to introduction of the responsible person from Society of Automotive Engineers of China, by the end of 2007, China manufactured 8.88m automobiles in that year with car population of over 40m units and the car population was over 900m units across the world.

BOSCH Chassis Systems (Dalian) Co., Ltd was officially launched in Dalian Development Area, which will bring world-leading technology and products for growing Chinese auto components industry.